IVA
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How will an IVA affect my credit rating? |
IVA Credit Rating - what's the affect of an IVA on my credit rating?
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IVA watch dog contacted me and now i dont know what to do? |
I am currently in year 3 of my IVA, recently a man from the IVA watch dog contacted me and discussed the option of becoming bankrupt and that i may have been mis sold my IVA. He also said that if i did go into bankrupcy and it it is proven that my iva was mis sold i can get all the money back i have paid so far?
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What happens if my IVA is not approved? |
What happens if my IVA is not approved. I think this is my only chance of getting on with my life.
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can i get a mortgage with an IVA? |
I am just going into my 3rd year of my IVA, will I be able to get a mortgage before the end of the repayments?
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IVA Pay - How much do I pay with IVA? |
I understand my debt will be reduced but can't work out how I will pay with an IVA.
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Can I pay my £16,000 redundancy as an IVA settlement and still claim benefits? |
I have £16,000 redundancy but owe £42,000. Would it be a good idea to come to a full and finnal settlement with my creditors. If so can I claim housing allowance, job seekers etc?
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My credit rating and an IVA, how bad will it become? |
If I go for an IVA will it destroy my credit rating?
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Can I have a bank account and a debit card if I am in an IVA? |
Bank Account and IVA - do they go together?
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Will I have enough money to live if I go for an IVA? |
How much will I be left with to live on if an IVA is accepted? How poor will I be?
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ive been in an IVA for a year. I started a job in Aug and havent declared it. |
we had really bad mortgage arrears so kept quiet to get them back on track. My husband is losing his job on Friday and I know I need to tell them. I have an annual review phonecall meeting at 3pm and really dreading it. If I tell them about my work and my husbands job what will happen. Im making myself physically sick with worry.
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How does an IVA work |
I have been told that an IVA is my best option but I am not clear about it. How does an IVA work? Thanks
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Are Gregory pennington a reputable company I have not heard of them before |
My husband is looking to consolidate our debt as our mortgage company and companies we have talked to are unable to assist with a loan.
He has spoken to Gregory pennington this morning who have offered a debt management plan. To be honest I am unsure what this is they mentioned iva.
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IVA in my name only. If my wife gets full time job, what percentage will they want? |
I have just started an IVA in my name only. My wife works part time at present but is looking for a job with more hours. What percentage of this will they want to take towards the IVA. Nothing is in my wifes name although they have already taken her part time job into consideration. Is it worth her getting a better job? Would I have to tell them that she is earning more money?
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IVA Advise Required - Can Anyone Please Help? |
Hello,
I’m looking into getting an iva as I can’t afford to pay all my debts but I’m worried about what will happen to the money I owe my mother.
She got a remortgage loan out for me and my hustband to buy our house so we pay her loan of £280 a month.
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IVA or Bankruptcy and school fees |
My child is being educated at a private school and has been since aged 5 (child is 9 now) and we have been paying school fees, I have been unemployed for 7 months and have now found a job starting in September, however I will likely need to do an IVA or possibly even bankruptcy in the next few months.
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I am due to sign up for an IVA in2 weeks but have today agreed a £5000 ppi settlement |
I am due to sign an IVA in the next two weeks,but have today agreed to accept a £5000 claim for mis-sold PPI insurance.Can i bank this money and not notify the IVA firm as i have not yet signed the agreement yet,and can anybody check how much i will have in that account.
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can i get an iva with a bank loan and overdraft totalling £13,000 |
we have a joint mortgage but my husband pays it i dont, but my loan and overdraft total 13,000, and i am struggling to pay it off as i have had to stop working due to illness. can i get an iva or something similar to get me out of debt at least? please help!!!
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IVA and Property |
Please can you tell me the situation regarding another property other than the one you are living in. I am paying a mortgage for my own house but also paying a mortgage for my retired mother in law. The house is in joint names (mother in law and myself). SHe is the sole occupier of the house.
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My creditors are proposing modifications to my IVA. What does this mean? |
Do I need to agree to modification to my IVA proposal?
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In IVA - new creditor appeared |
i am currently 3 years into an iva and another debtor whom i had no knowledge of is trying to obtain settlement to a debt. can they do this / or will it have to be added on to my current iva. answers quick please as i am frantic with worry
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Can i buy a new home with a IVA and sell the one that i am in? |
Hi,we are in our 3rd Yr of our IVA and all has been well.We have been thinking about moving home before
our IVA is up,can this be done?
Sell our current home and buy another.I understand that i can put a settlement figure into
my Practitioners should any profit be made from my current home.
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can i go bankrupt while in an iva if i am still able to afford it |
no spare cash for christmas no holidays and at 56 with four years to go on the iva then another year when they make me remortgage i have had enough right now !!!!
i have an interest only mortgage so house will never be mine
can i just go bankrupt and get rid of all my debt considering i can afford the 250 month iva,albeit with nothing left for the pleasures in life
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Can I use an insurance payout to buy a new car when in an IVA? |
Hi, I have an iva and am about to receive an insurance payout for a injury i received. My car is on its last legs and about to pack up, its old 120 thousand miles on the clock etc etc!! I have told the iva people about the windfall and also the fact that i need a more reliable car for work. I asked if i could use a small amount of money to buy a better car to last the Iva period.
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Bankruptcy Search |
I am into the third year of an IVA and am trying to purchase a property with my partner. We have been accepted for a mortgage, however I am concerned lender may have second thoughts after solicitor does a bankruptcy search. Does anyone know if solicitor recommends to lender about pitfalls of lending to someone with iva or if they simply search with land charges register to see if you are bankrupt.
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Please give advice on the following IVA question. |
Hi. I am about to enter an IVA after years of trying to pay for my miss spent youth. I am looking to emigrate to Australia, and will need to save and sell things to fund my move. How much money can I save without my previous creditors wanting the money I will need?
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IVA |
I am looking to move away to change my job. I have an IVA. I want to rent my house which I live in, and rent a new place near my new location. Two things. Will I have trouble with my mortgage company changing my straight re-payment mortgage to a buy to let one? And, how will this affect my IVA in regards to a second income etc?
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Redundancy and IVA, Do you "have" to pay "All" redundancy money to an IVA? |
If I was to be made redundant and received a redundancy pacakage of around £14,000 to live on whilst I tried to find work (this would be the only money I had o survive), would I have to pay "ALL" of this money towards my IVA? (IVA reduced total to be paid within 5 years is around £16,000 - total overall before IVA was £25,000.)
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IVA advice.. Can I 'give' my car away?? |
Wanting to go down the IVA route, but I own a car worth approx £10,000, and it has sentimaental value (was a gift from now passed relative) If i transfer the car into my sons name before applying for an IVA will they find out?
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Have IVA for three years not happy with practitioner |
I have been on an IVA for nearly three years have not missed a payment but this last 8 months I have only been able to pay the minimum amount as have been made redundant and widowed in the same six months.
I am now being threatened by bankruptcy as they say I am in breech of my IVA I think I have been badly treated and according to the companies forums I am not alone.
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IVA and Cars |
If I do an IVA in the coming months, am I likely to be able to keep my car which is probably worth 8,000? I need it for a new job I am starting soon.
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If my father signs his house over to me, will the IVA my husband has be affected? |
Will the IVA company have the right to take this as an asset payable into the IVA?
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Can you have an IVA if you have had one in the past? |
I had an IVA over 6 years ago and it was settled early and has been cleared of my credit file... but I have ran up some debts due to a failed business venture totalling £35K and was wondering if this option would be available to me again
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Will I get money back after my IVA? |
I am almost at the end of my IVA and one of my creditors has never put in a claim for any of the money that I owe them. Will I get the money back that I have paid towards their portion of my debt if they haven't asked for it? I not what happens to it?
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i want to go in iva but my wife dosen't want to involved in this matter.. |
she has got own loan she dosen't want to involved in iva and she can't support to run our house but i will like to go in iva idon't have any options .i just like to know .can i give you income and outgoing money without involving mywife details
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Can I challenge an IVA rejection on the grounds of unreasonableness. |
My second IVA application was refused because we included the private education school fees My daughter is 8 and a half years old. She has been in private education and at this school for the past 5 years. She knows nothing else and she would not be able to cope wit the transfer at this stage.
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If my circumstances change how likely am I going to be able to lower my IVA contributions? |
I have started a new job but had to move out of where I was sharing with some friends and was unable to find a suitable house share so I am now living on my own.
Before the bills and rent etc where split 3 ways but now I pay everything myself which has increased my outgoings by about £300.
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Can a creditor accept an IVA at the first hearing and rejected it at the second ? |
We are on the second hearing for an IVA. The first was rejected by a particular lender with a lage proportion of the outsatnding debt. We then addressed the issues put forward and resubmitted a second IVA without changing any details. Only this time the creditors who accepted the IVA last time decided to change reject it. Are they barred from doing so legally?
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if i come into money and want to pay iva do i still owe full amount or is half written off |
if i win lottery do i still have to pay all my iva or half original debt ?
oh and i havny won so dont all come knockin !!
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are iva s so tight as to exclude a merry x mas |
why take an iva if every penny you have left goes into it
is there really no cash for christmas or birthdays or a pint after working all week
i was told to take a week holday each year in my iva ,but can i afford it,no chance
at the time when every one is knocking on your door its the best thing since sliced bread,and i do really appreciate the relief its given my family.
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I am 2 years into an IVA- can I still file for bankuptcy? |
I am 27 and 2 years into my IVA. Since starting my IVA I have met someone and things are getting serious. We both have dreams of a self-sufficient lifestyle and we would like to start this in another country (or at least in the country). This isn't something I can do on an IVA as I need to earn money for the repyaments.
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Can i save whilst in an IVA agreement? |
I have just entered into an IVA agreement and was wondering if i could save money? I know this isn't the aim and i'm not talking huge amounts. If i could put aside money here and there, would i be better off keeping it as cash or putting it into a separate account i already hold? If i use an account, will i need to declare it andprovide bank statements when the IVA is reviewed? Thanks
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My husband and i are thinking of taking out an iva as solution to our 25000k debt |
the 25000k is split between 4 credit cards (all charging interest) and a car loan, the debt is in my husbands name who is a police officer, will his work need to be notifed if we take out an iva and also at the end of the 5yr term how will our credit rating be affected, whilst we never want to see another credit card again chances are in 5yrs time our family car will need replacing,if that is the
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How do i know whether the figure I've been quoted for my IVA is right? |
One company says 400 per month and one says 900 per month. I'm confused.
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IVA and 2 incomes |
Im about to apply for an IVA, I currently take home around £1570 a month in my full time job and also have a second temp job which i do at weekends, this income varies every month from between £90-£200 as work is not guarented, but i really rely on this to get me through the month. I pay £190 a month to my debt mangement plan and wanted to continue paying the same amount in the IVA.
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alternative to my iva |
i am one year into my ive but have received a letter saying they can save me even more money than having an iva.
obviously they know i have one but surely it cant be that easy.
thay outline points such as my having to remortgage ,ptotect my home,lower debt payments etc the company is iva helplne uk
of dorset
the letter itself looks like a remender ,all red writing
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what should i afford on an iva |
on an iva should i afford the following.
holidays,ciggarettes,a pint of beer at the end of the week,x mas pressies,birthday pressies,sky tv,decorating my home,new household appliances.
i read lots on getting an iva but not a lot on living with one,maaybe bankruptcy is the answer if i dont own my home .
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I CAN NOT AFFORD MY PAYMENTS ON IVA |
i have missed four payments on my iva spoken to the company but they said that i earn enough so they will not help. but they have taken all my over time in but some times i am on short time time what can i do
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Is it appropriate for me to get an IVA? I run my own one-manned company and so am a Director |
I have joint mortgage with my seperated wife but do not live in the house except when I stay there to visit my kids.
I pay the mortgage and most of the bills in lieu of maintenance for the kids.
There is about £100k of equity in the property which I would prefer not to have to release as half of this is the seperated wife's anyway.